Title: What is an ERP System?
1 What is an ERP System?
2What Does ERP Stand For?
In business, ERP stands for enterprise resource
planning.
3What Does An ERP Do?
The purpose of an ERP system is to improve
efficiency (and thereby profitability) through
improving how company resources are spent,
whether those resources be time, money, staff or
something else.
4What Are The Benefits Of An ERP System?
- Reduce your overhead costs by folding a number of
business tools and applications into one system - Cause individual operations/departments
(warehouse, accounting, HR, etc.) to work faster - Automate specific processes that would otherwise
require manpower to complete - Improve business data analytics for better, more
accurate and actionable insights - Positively impact customer relationships by being
an overall faster, more efficient company to work
with - Be customized to focus on the aspects of your
business that are most aligned with your current
goals and needs
5What Are The Different Features Of ERP Software?
ERP software can differ depending on the package
you purchase and the provider.
6Accounting
Manage all of your financial reports in the same
interface, such as purchase orders, expenses,
sales reports, payroll, etc.
7Inventory and Warehousing
If your business has inventory or warehouse
processes, your ERP software needs to be able to
integrate those operations to better track and
manage goods.
8eCommerce and Web
An excellent ERP system will enhance your
existing web offerings to include better purchase
options for customers to choose from.
9Human Resources
The HR module of your ERP system contains all of
the employee management processes, including
payroll expenses, recruitment, performance
evaluations, attendance, scheduling and more.
10CRM and Marketing
The CRM module will better express whats working
and what isnt and how marketing is translating
into added revenue
11Project Management
A project management tool allows you to
communicate productively across your organization
to plan and execute projects internally.
12Benefits of Cloud Vs On-Premise ERP
On-premise, in this case, meaning the software is
organized and run from your computer system
Cloud-based ERP stores your various reports in
the cloud and can even leverage cloud processing
to run the multiple applications and features of
your system.
13Performance
In-house ERP can require a pretty sophisticated
computer system and other equipment to run
efficiently
A cloud solution guarantees performance, as long
as you have a steady Internet connection.
14Costs
If you do need to upgrade your equipment to
manage an on-premise ERP system, then youre
facing potentially high upfront costs.
With cloud ERP software, there is little-to-no
upfront cost, aside from purchasing the service.
This may be a small upfront price, with a monthly
fee attached.
15Security
It is hard to maintain high level security with
an on-premise solution. For example, a data
breach could occur just because someone left a
computer unattended or the server room unlocked
these issues cant happen with cloud ERP systems.
Cloud security is often more sophisticated than
your in-house security because they leverage
incredibly advanced protocols to ensure that only
users with permission can access the system.
16Support
If you dont have an in-house IT department,
getting support for your ERP system can be a
challenge.
With cloud ERP software, support is not only
24/7, but also any issues, updates, security
improvements and so on are all handled on the
providers end, which means theres far less
responsibility placed on your business.
17Support
If you dont have an in-house IT department,
getting support for your ERP system can be a
challenge.
With cloud ERP software, support is not only
24/7, but also any issues, updates, security
improvements and so on are all handled on the
providers end, which means theres far less
responsibility placed on your business.
18Cost
High upfront costs. It is very situational and
depends greatly on the equipment you have
available now
While upfront costs may be low, the cost of your
cloud service providers flat rate fee can add
up. There could be a point in time where the
total cost of those fees rival the upfront cost
of upgrading and maintaining an on-premise system.
19Suggest ERP Software Solution?
- eHoppers ERP software stands out for a number of
reasons - Combines sales, purchase, HRMS, CRM, inventory,
warehouse, e-commerce, finance and more into the
same software - Has a number of different features to handle
critical operations within accounting, human
resources, CRM, inventory, project management and
other departments - Modern software interface is user-friendly, fast
and can be customized to fit your business needs - You only have to use the features that are
valuable for your goals and can add more as your
business grows - As a cloud ERP system, you get excellent
performance, security, low upfront costs, better
support and access from anywhere you have Internet
20Questions?
- Learn more
- https//ehopper.com/articles/what-is-an-erp-system
-and-how-does-it-work/
21Contact Us
www.ehopper.com
30 Broad Street, Floor 22, New York, NY 10004
212-651-8911 sales_at_ehopper.com